Premier Energies Limited submitted an investor presentation to BSE Limited and National Stock Exchange of India Limited pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, covering unaudited standalone and consolidated financial results for Q1 FY27 ended June 30, 2026.

Operational Highlights

  • Cell production capacity expanded from 3.6 GW to 10.6 GW
  • Module production capacity stands at 11.1 GW
  • Ingot-Wafers capacity at 10 GW
  • Aluminum Frames production capacity at 18,000 MT
  • BESS Containers capacity at 12 GWh
  • Results include consolidation of Transcon Ind Limited financials

Business Updates

  • 5.6 GW Seetharampur module plant inaugurated, producing 4 modules every 16 seconds using advanced automation
  • 7 GW cell plant at Naidupeta nearing completion with civil work finished and machinery installation underway
  • Trial runs expected to start by end of August 2026
  • Tool in and hookup activities commenced

Transcon Ind Performance

  • 10 GVA HV and EHV transformer capacity expected COD by September 2026
  • Neotrafo plant construction in advanced stages

Production Metrics (MW)

  • Q1 FY2026: Cells 447, Modules 507
  • Q2 FY2026: Cells 593, Modules 722
  • Q3 FY2026: Cells 844, Modules 735
  • Q4 FY2026: Cells 961, Modules 956
  • Q1 FY2027: Cells 918, Modules 953
  • Effective capacity utilization for Q1 FY2027 excludes newly commissioned Seetharampur plant

Sustainability and ESG

  • Avoided 30.1 MMT CO2e emissions in Q1 FY2027 through cell and module supply
  • Kiwa Top Performer certification
  • ALMM certified
  • India's first Zero Busbar TOPCon cell manufacturer
  • Among top 13 global module manufacturers as rated by Terawatt PV
  • Introduced all-black G12R module

Community Initiatives

  • Enabled quality education for 400 underprivileged children with WECAN
  • Facilitated AI multi-skill training for 300-500 students under Telangana Government's Pragathi Pranalika initiative
  • Vocational skilling for 241 women in Dharwad, Karnataka through tailoring and embroidery training
  • Supported young chess talent through national-level tournaments

Financial Performance (Consolidated, INR Mn)

Q1 FY2027 Highlights
  • Total Income: ₹25,076.37
  • Revenue from Operations: ₹24,625.94
  • Other Income: ₹450.43
  • Operational EBITDA: ₹7,143.61 (29.01% margin)
  • EBITDA: ₹7,594.04 (30.28% margin)
  • Profit Before Tax: ₹6,203.82
  • PAT: ₹4,719.18 (18.82% margin)
  • Tax Expense: ₹1,484.64
YoY Comparison (Q1 FY2027 vs Q1 FY2026)
  • Revenue from Operations: +16.5%
  • Operational EBITDA: +30.29%
  • EBITDA: +27.19%
  • PAT: +53.32%
  • Tax Expense: +56.02%
QoQ Comparison (Q1 FY2027 vs Q4 FY2026)
  • Revenue from Operations: +3.30%
  • Operational EBITDA: +5.86%
  • EBITDA: +6.44%
  • PAT: +3.30%
  • Tax Expense: +5.27%

Cost Breakdown (INR Mn)

  • Cost of materials consumed: ₹13,470.84 (+40.96% YoY)
  • Purchases of stock-in-trade: ₹2,536.03
  • Changes in inventories: (₹855.98)
  • Employee benefits expense: ₹488.65 (+71.62% YoY)
  • Sales, administration and other expenses: ₹1,816.49 (+51.71% YoY)
  • Depreciation and amortization: ₹956.29 (-39.30% YoY)
  • Finance costs: ₹439.34 (+19.35% YoY)

Segmental Performance (Q1 FY2027)

Solar Cells and Modules Segment
  • Revenue from operations: ₹23,561.26
  • Other Income: ₹414.90
  • Total Income: ₹23,976.16
  • PAT: ₹4,536.31 (18.92% margin)
Transformers Segment
  • Revenue from operations: ₹1,064.68
  • Other Income: ₹35.53
  • Total Income: ₹1,100.21
  • PAT: ₹182.87 (16.62% margin)

Company Background

  • 30+ years of solar manufacturing experience
  • Mission 2028: To become India's leading provider of cleantech solutions
  • Diversified product portfolio with allied products expected to contribute 25% of group revenues
  • Multiple production facilities across Telangana and Andhra Pradesh